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coolsalm:
Good day Nairalanders,

Please i need the help of experienced people and lawyers in the house for purchasing a property in Lagos.
So recently i decided to purchase a property in Lagos at Agbara area, after negotiating the price with the seller i asked for the land documents, the documents which were handed over to me were the Receipt from Original family owner of the land, Survey plan and the deed of assignment,
what i am worried about now is that in the deed of assignment, there is a clause that states that the original family leased the land for 70 years to the person who wants to sell the property to me now, though currently there are flats with tenants on the said land. attached is the image of the deed of assignment.

So please experienced Nairalanders, i need to know if that 70 years clause will affect me in the future before i can decide to proceed with the purchase.

Thanks

First, The lease remains 30years as u re buying. If u re regaining the land from the lessee after purchase, i advise u dont go for it cos that lease agreement still stand except if the agreement state of its termination if need be such as yours situation.
Secondly when u see such alteration, simple instinct tells u there is fowl play somewhere and u shouldnt near such.
The funniest thing about deals like is that they can be genuine but no proper/valid documentation available. I wont be surprised if the lawyer attached to this property who is to proffer legal advise also aware of the alteration cos im sure he would have been informed of the sale.
Well as an estate surveyor and valuer which are the No1 consultant as regards real estate issues, thats my advise.

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I think we need to correct an impression here. I am a yoruba man and lives in ikorodu and should believe what i want to tell. Those people are not niger delta avengers or millitants. They re ijaw lagosians who have been living in that axis for years dealing in pipe vandism and oil bunkering. Some of them even built houses there and some yoruba people are also working with them. When this people see that the millitary already taken over isawo town, they move towards that igboolomu/okeimuti/elepete/ajegunle axis to see if there ways can continue.
It do continues and later on govt had to stop fuel from flowing in those pipes thereby making these guys activities rendered useless.
What will they eat and how re they gonnna survive caused the present attach when they started stealing/robbing innocent people's belongings. That option of theirs which doesnt go well with the residents started the mayhem.
If u re conversant with isawo road u will know that owutu police station cant claim ignorancy in this matter. All u need to know about the mayhen, ask them they know about it.

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